Publicação
EDP renewables: winds of change - is the wind offshore opportunity priced in
| Resumo: | EDPR has gain a foot on the promising Wind Offshore market in 2020, when it entered in a Joint Venture with ENGIE for that effect, called Ocean Winds. The present paper tries to assess whether investors have already fully priced in the Wind Offshore opportunity. With that goal, it questions assumptions made in the Equity Research’ Intrinsic Valuation, namely on two of the main drivers of value -installed capacity and costs of Wind Offshore. Results show that the share price premium compared to the base scenario should go from 4.0% to 4.8%, reinforcing the ‘BUY’ valuation issued on EDPR. |
|---|---|
| Autores principais: | Oliveira, Joana da Costa Peixoto Lisboa de |
| Assunto: | Valuation Finance Energy Edpr Energy finance Renewable energy Wind energy Energy market Renewable Energy Sources Energy industry Offshore wind Energy sector Wind EDP |
| Ano: | 2022 |
| País: | Portugal |
| Tipo de documento: | dissertação de mestrado |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Universidade Nova de Lisboa |
| Idioma: | inglês |
| Origem: | Repositório Institucional da UNL |
| _version_ | 1879447391133761536 |
|---|---|
| author | Oliveira, Joana da Costa Peixoto Lisboa de |
| author_facet | Oliveira, Joana da Costa Peixoto Lisboa de |
| author_role | author |
| contributor_name_str_mv | Ribeiro, Gonçalo Sommer RUN |
| country_str | PT |
| creators_json_txt | [{\"Person.name\":\"Oliveira, Joana da Costa Peixoto Lisboa de\"}] |
| datacite.contributors.contributor.contributorName.fl_str_mv | Ribeiro, Gonçalo Sommer RUN |
| datacite.creators.creator.creatorName.fl_str_mv | Oliveira, Joana da Costa Peixoto Lisboa de |
| datacite.date.Accepted.fl_str_mv | 2022-01-11T00:00:00Z |
| datacite.date.available.fl_str_mv | 2022-11-09T16:51:08Z |
| datacite.date.embargoed.fl_str_mv | 2022-11-09T16:51:08Z |
| datacite.rights.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| datacite.subjects.subject.fl_str_mv | Valuation Finance Energy Edpr Energy finance Renewable energy Wind energy Energy market Renewable Energy Sources Energy industry Offshore wind Energy sector Wind EDP |
| datacite.titles.title.fl_str_mv | EDP renewables: winds of change - is the wind offshore opportunity priced in |
| dc.contributor.none.fl_str_mv | Ribeiro, Gonçalo Sommer RUN |
| dc.creator.none.fl_str_mv | Oliveira, Joana da Costa Peixoto Lisboa de |
| dc.date.Accepted.fl_str_mv | 2022-01-11T00:00:00Z |
| dc.date.available.fl_str_mv | 2022-11-09T16:51:08Z |
| dc.date.embargoed.fl_str_mv | 2022-11-09T16:51:08Z |
| dc.format.none.fl_str_mv | application/pdf |
| dc.identifier.none.fl_str_mv | http://hdl.handle.net/10362/145364 |
| dc.language.none.fl_str_mv | eng |
| dc.rights.none.fl_str_mv | http://purl.org/coar/access_right/c_abf2 |
| dc.subject.none.fl_str_mv | Valuation Finance Energy Edpr Energy finance Renewable energy Wind energy Energy market Renewable Energy Sources Energy industry Offshore wind Energy sector Wind EDP |
| dc.title.fl_str_mv | EDP renewables: winds of change - is the wind offshore opportunity priced in |
| dc.type.none.fl_str_mv | http://purl.org/coar/resource_type/c_bdcc |
| description | EDPR has gain a foot on the promising Wind Offshore market in 2020, when it entered in a Joint Venture with ENGIE for that effect, called Ocean Winds. The present paper tries to assess whether investors have already fully priced in the Wind Offshore opportunity. With that goal, it questions assumptions made in the Equity Research’ Intrinsic Valuation, namely on two of the main drivers of value -installed capacity and costs of Wind Offshore. Results show that the share price premium compared to the base scenario should go from 4.0% to 4.8%, reinforcing the ‘BUY’ valuation issued on EDPR. |
| dirty | 0 |
| eu_rights_str_mv | openAccess |
| format | masterThesis |
| fulltext.url.fl_str_mv | https://run.unl.pt/bitstreams/a35d4603-23fa-4de5-9138-def940b87f6d/download |
| funder_facet_str_mv | FCT{{{_:::_}}}Fundação para a Ciência e a Tecnologia |
| funding.funder.alternateName_str_mv | FCT |
| funding.funder.identifier_str_mv | http://doi.org/10.13039/501100001871 |
| funding.funder.name_str_mv | Fundação para a Ciência e a Tecnologia |
| funding.identifier_str_mv | UID/ECO/00124/2013 |
| funding.name_str_mv | 6817 - DCRRNI ID |
| funding_str_mv | UID/ECO/00124/2013 info:eu-repo/grantAgreement/FCT/6817 - DCRRNI ID/UID%2FECO%2F00124%2F2013/PT |
| id | run_3aca5aa433814a95d0981ec6ecfe7539 |
| identifier.url.fl_str_mv | http://hdl.handle.net/10362/145364 |
| inst_facet_str | urn:organizationAcronym:unl{{{_:::_}}}Universidade Nova de Lisboa |
| instacron_str | unl |
| institution | Universidade Nova de Lisboa |
| instname_str | Universidade Nova de Lisboa |
| language | eng |
| network_acronym_str | run |
| network_name_str | Repositório Institucional da UNL |
| oai_identifier_str | oai:run.unl.pt:10362/145364 |
| organization_str_mv | urn:organizationAcronym:unl |
| person_str_mv | Oliveira, Joana da Costa Peixoto Lisboa de |
| publishDate | 2022 |
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| reponame_str | Repositório Institucional da UNL |
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| spelling | engpt_PTEDPR has gain a foot on the promising Wind Offshore market in 2020, when it entered in a Joint Venture with ENGIE for that effect, called Ocean Winds. The present paper tries to assess whether investors have already fully priced in the Wind Offshore opportunity. With that goal, it questions assumptions made in the Equity Research’ Intrinsic Valuation, namely on two of the main drivers of value -installed capacity and costs of Wind Offshore. Results show that the share price premium compared to the base scenario should go from 4.0% to 4.8%, reinforcing the ‘BUY’ valuation issued on EDPR.application/pdfpt_PTEDP renewables: winds of change - is the wind offshore opportunity priced inOliveira, Joana da Costa Peixoto Lisboa deRibeiro, Gonçalo SommerHostingInstitutionOrganizationalRUNe-mailmailto:run@unl.ptrun@unl.ptURNurn:tid:2030828262022-11-09T16:51:08Z2022-01-112021-12-172022-01-11T00:00:00ZHandlehttp://hdl.handle.net/10362/145364http://purl.org/coar/access_right/c_abf2open accessValuationFinanceEnergyEdprEnergy financeRenewable energyWind energyEnergy marketRenewable Energy SourcesEnergy industryOffshore windEnergy sectorWindEDP4203909 bytesFundação para a Ciência e a TecnologiaNova School of Business and Economicsinfo:eu-repo/grantAgreement/FCT/6817 - DCRRNI ID/UID%2FECO%2F00124%2F2013/PTUID/ECO/00124/20136817 - DCRRNI IDCrossref Funder IDhttp://doi.org/10.13039/501100001871literaturehttp://purl.org/coar/resource_type/c_bdccmaster thesishttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://run.unl.pt/bitstreams/a35d4603-23fa-4de5-9138-def940b87f6d/download |
| spellingShingle | EDP renewables: winds of change - is the wind offshore opportunity priced in Oliveira, Joana da Costa Peixoto Lisboa de Valuation Finance Energy Edpr Energy finance Renewable energy Wind energy Energy market Renewable Energy Sources Energy industry Offshore wind Energy sector Wind EDP |
| status | SINGLETON |
| subject.fl_str_mv | Valuation Finance Energy Edpr Energy finance Renewable energy Wind energy Energy market Renewable Energy Sources Energy industry Offshore wind Energy sector Wind EDP |
| title | EDP renewables: winds of change - is the wind offshore opportunity priced in |
| title_full | EDP renewables: winds of change - is the wind offshore opportunity priced in |
| title_fullStr | EDP renewables: winds of change - is the wind offshore opportunity priced in |
| title_full_unstemmed | EDP renewables: winds of change - is the wind offshore opportunity priced in |
| title_short | EDP renewables: winds of change - is the wind offshore opportunity priced in |
| title_sort | EDP renewables: winds of change - is the wind offshore opportunity priced in |
| topic | Valuation Finance Energy Edpr Energy finance Renewable energy Wind energy Energy market Renewable Energy Sources Energy industry Offshore wind Energy sector Wind EDP |
| topic_facet | Valuation Finance Energy Edpr Energy finance Renewable energy Wind energy Energy market Renewable Energy Sources Energy industry Offshore wind Energy sector Wind EDP |
| url | http://hdl.handle.net/10362/145364 |
| visible | 1 |